269
269
Nov 8, 2012
11/12
by
CNBC
tv
eye 269
favorite 0
quote 0
there was snow, but nothing like sandy. we'll ask what it means for the energy market and consumers when we return. >>> the east coast got hit by another storm yesterday. while gas lines have eased up from hurricane sandy, motorists are still having trouble getting fuel in the hardest hit as you build a retail station, you could build in the wiring. all in all, while it's an expense, you can build it in to the base of the business if that's a standard for everybody. but if you don't make it a standard for everybody, then only a few will go out and do it and it won't help anything. >> sounds like regulation. but then i heard that there was regulation -- >> what's the cost, though? what's the pre-cost wire? >> you're probably less than $10,000 if you include the generator said. so it's not a huge cost, but this is a marginal business. >> we talked to the guy who represents the convenience stores that sell something like 75% or 80% of all the gasoline in this country and he said most of those convenience stores really make pen
there was snow, but nothing like sandy. we'll ask what it means for the energy market and consumers when we return. >>> the east coast got hit by another storm yesterday. while gas lines have eased up from hurricane sandy, motorists are still having trouble getting fuel in the hardest hit as you build a retail station, you could build in the wiring. all in all, while it's an expense, you can build it in to the base of the business if that's a standard for everybody. but if you don't...
340
340
Nov 5, 2012
11/12
by
CNBC
tv
eye 340
favorite 0
quote 1
we also have an update on sandy. millions in new york and new jersey are still without power as a result of superstorm sandy. this is creating problems at the gas pump as residents struggle to keep cars and generators fueled. for the first time in 30 years a gas rationing system is in effect now throughout 12 new jersey counties. we'll get an update on the fuel supply problems in a few minutes from john eichberger, director of motor fuels at the national association of convenience stores. let's get a quick check on the markets, ahead, 24 hours away from the elections here dow jones looks like it would open 34 points lower, s&p 500 off a little over four points and the nasdaq would be off about ten points. let's take a trip overseas to see what's going on in asia, a little bit down marginally except for korea. let's go over to europe, see how things are faring, red arrow across the board. almost down a percent in the cac in france. >>> stifel financial is buying kbw, the deal is valued in ex-et of $575 million which i
we also have an update on sandy. millions in new york and new jersey are still without power as a result of superstorm sandy. this is creating problems at the gas pump as residents struggle to keep cars and generators fueled. for the first time in 30 years a gas rationing system is in effect now throughout 12 new jersey counties. we'll get an update on the fuel supply problems in a few minutes from john eichberger, director of motor fuels at the national association of convenience stores. let's...
266
266
Nov 14, 2012
11/12
by
CNBC
tv
eye 266
favorite 0
quote 0
have to do redo sandy. what were the things that should've happened in advance of the storm knowing it was coming. >> i think when you have storms of this nature, the key is not preparing the day before, but preparing well in advance. we were involved in the aftermath of katrina and some of the storms that hit in '05, and you look back on those experiences and it's very difficult the day before to figure out what to do. and while i think particularly here there was a lot of planning in advance, it's not untypical to avoid thinking about the unthinkable. >> right. >> it's happened in many situations. >> real quick. politically, we keep talking about the politics of the fiscal cliff and all of this, but the politics of energy in this country, do you think that 2020 prediction is ultimately going to be right. do you see the administration now they've been reelected doing the things that you think will actually get us there? yes, no, where are you? >> i'm skeptical as to whether we'll actually reach that goal.
have to do redo sandy. what were the things that should've happened in advance of the storm knowing it was coming. >> i think when you have storms of this nature, the key is not preparing the day before, but preparing well in advance. we were involved in the aftermath of katrina and some of the storms that hit in '05, and you look back on those experiences and it's very difficult the day before to figure out what to do. and while i think particularly here there was a lot of planning in...
302
302
Nov 21, 2012
11/12
by
CNBC
tv
eye 302
favorite 0
quote 0
this is the hangover effect from hurricane sandy, superstorm sandy. all of the rental car companies, they're gone. they're spoken for. all of the cars. so as a result, if you or somebody who is making last-minute plans and said, well, i'm going to rent a car. good luck, you're not going to be able to get one in the new york/new jersey area and a good chunk of the northeast. >> look for a car pool. how long is that expected to last, phil? >> well, this is what we usually see around thanksgiving. and all of the holidays, you see all the rental car companies, for the most part, not completely sold out, but they fill up. and this year because of sandy, they are sold out. one interesting note, an increase in the number of people taking buses and trains this year in part because of what we're seeing with the rental car companies. >> thank you. we'll check in with you later. >> it's good for tires. >> it is good for tires. you like that. >> well, i like pep boys. >> do you have some? >> i bought it. >> do you have music? >> do we have music? that's it, that'
this is the hangover effect from hurricane sandy, superstorm sandy. all of the rental car companies, they're gone. they're spoken for. all of the cars. so as a result, if you or somebody who is making last-minute plans and said, well, i'm going to rent a car. good luck, you're not going to be able to get one in the new york/new jersey area and a good chunk of the northeast. >> look for a car pool. how long is that expected to last, phil? >> well, this is what we usually see around...
291
291
Nov 13, 2012
11/12
by
CNBC
tv
eye 291
favorite 0
quote 1
this is a company that's now past the sandy cliff and is going to start benefiting from it. i find cliffs everywhere. and this is a good company that did great. >> i want to hear from you on jcpenney, cramer. he's very good. i thought, you know what? if he's got enough time, maybe it works. i don't know as you're bleeding. >> you have to look at it on a consolidated basis. 89% of it is hideous and terrible. 11% as we learned from andrew ross sorkin today is terrific. if you look at consolidated, it means it's fabulous, doesn't it? >> could it be? >> remember at our conference last summer? july, i had ackman on a panel. articulate. gave a real case. was totally behind mr. johnson and his strategy and the stock soared from there over the next couple of months only to collapse over the last few weeks. i don't know. i preferred andrew's piece. 11% versus 89%. what do they have left in cash? a billion dollars? >> about half a billion right now. may go up after the holidays. >> george mcgovern was really behind -- he was behind him 1,000%. i'm sure that ackman is behind johnson 1,
this is a company that's now past the sandy cliff and is going to start benefiting from it. i find cliffs everywhere. and this is a good company that did great. >> i want to hear from you on jcpenney, cramer. he's very good. i thought, you know what? if he's got enough time, maybe it works. i don't know as you're bleeding. >> you have to look at it on a consolidated basis. 89% of it is hideous and terrible. 11% as we learned from andrew ross sorkin today is terrific. if you look at...
256
256
Nov 26, 2012
11/12
by
CNBC
tv
eye 256
favorite 0
quote 0
. >> we've been watching what's happened with superstorm sandy. we know the red cross has been one of the organizations that has risen to the forefront of this movement to try and help people. what happened in terms of charitable giving for superstarm sandy? >> my heart goes out to the people affected by superstorm sandy. i have talked to so many people who have lost everything including loved ones and it's just heartbreaking and i also want to thank our generous donors. they've stepped up and we're doing everything possible to put their hard earned dollars to work. this has been a massive operati operation. we've served 7.3 million meals and snacks in four weeks. in terms of how it will impact giving we recently did a survey and what we learned is that three out of four people who donated to hurricane sandy will continue to step up during the holiday and donate to their favorite charity and 90% of the people that provided political contributions plan to donate to charities as well which was very heartwarming because i know that everyone in the no
. >> we've been watching what's happened with superstorm sandy. we know the red cross has been one of the organizations that has risen to the forefront of this movement to try and help people. what happened in terms of charitable giving for superstarm sandy? >> my heart goes out to the people affected by superstorm sandy. i have talked to so many people who have lost everything including loved ones and it's just heartbreaking and i also want to thank our generous donors. they've...
235
235
Nov 27, 2012
11/12
by
CNBC
tv
eye 235
favorite 0
quote 0
he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors about two key acquisitions that have caused billions of dollars in losses. the lawsuit alleges that hp management concealed the problems and another recent acquisition which we've talked about, electronic data, in an attempt to boost hp stock price. meantime in the "wall street journal," former employees, business partners and attorney attorneys say it's not difficult to conclude that the company autonomy's accounting was overly aggressive, they say such behavior tip filed autonomy long before hp bought it. and mike lynch says the company's culture was aggressive. >> they start off talking about how originally the ceo put up a si
he has unprecedentedly high approval rating. >> after sandy. and he says this is a job he feels leak he needs to continue. >> stanley wants him to stay. some other corporate news involving erickson. it's filed a lawsuit against samsung alleging patent infringement. ericcson says two years to trike a deal were unsuccessful. and an hp shareholder filed a lawsuit alleging the tech company's top executives misled investors about two key acquisitions that have caused billions of dollars...
193
193
Nov 12, 2012
11/12
by
CNBC
tv
eye 193
favorite 0
quote 0
you see hurricane sandy come across, people want to know why and global warming becomes something we pay attention to again. animal planet and discovery channel put out the big documentaries like "life" and "planet earth" we know that the attention to those types of things get picked up so people fall in love with animals again. >> we have to go but there is a crocodile here. >> oh, wow. >> i got him. >> baby crocodile. whoa. >> don't go near this guy's face. you can come around again, i'll bring him into the light. his teeth are open specifically because he'd like to bite so don't get too close. this is not something you'll see in north america. this is the crocodile, the cousin to the alligator we're sort of used to. my favorite thing about these guys they are so prehistoric. they haven't evolved much in the last 800 years. they sit in the water sort of like this and you can see his nostrils at the top of his head, eyes and just behind his eyes you see the slits, those are his ears. i guy has evolved to sit in the water like this, he's got his webbed feet for swimming and he just w
you see hurricane sandy come across, people want to know why and global warming becomes something we pay attention to again. animal planet and discovery channel put out the big documentaries like "life" and "planet earth" we know that the attention to those types of things get picked up so people fall in love with animals again. >> we have to go but there is a crocodile here. >> oh, wow. >> i got him. >> baby crocodile. whoa. >> don't go near...
173
173
Nov 20, 2012
11/12
by
CNBC
tv
eye 173
favorite 0
quote 0
economists are expecting a 4.2% drop and a report likely impacted by superstorm sandy. fed chairman ben bernanke is talking about the economic recovery today, we hope so. he'll have our lunch time address the economic club of new york and that starts at 12:45 eastern. >> harold ford jr., reasonable and good friend, joe watkins, white house aide to former president george h.w. bush. >> you didn't say he's reasonable. >> joe is right, but harold has potential. >> joe and i have known each other for almost 20 years, go back to university of pennsylvania, but joe and i have been friends for a long time. >> you'with you we'll talk fisc cliff in a second but you want to do a postmortem? >> you can't win without women, and can't win without latinos, you can't win without young people. you can't win on a single issue, and i just think there were a host of challenges. for me, the whole time, the sense that i had was that it was obama's race to lose, that he had the advantage. anybody look at the electoral college would have to say there were seven or eight easy ways for the pres
economists are expecting a 4.2% drop and a report likely impacted by superstorm sandy. fed chairman ben bernanke is talking about the economic recovery today, we hope so. he'll have our lunch time address the economic club of new york and that starts at 12:45 eastern. >> harold ford jr., reasonable and good friend, joe watkins, white house aide to former president george h.w. bush. >> you didn't say he's reasonable. >> joe is right, but harold has potential. >> joe and i...
211
211
Nov 30, 2012
11/12
by
CNBC
tv
eye 211
favorite 0
quote 0
and a lot of companies were saying it was just superstorm sandy. it shut down the stores in some cases or kept consumers at bay. how do you think we will fare to the holidays? >> yesterday was big day for retail. those that roar yesterday, genuinely speaking had poor numbers. we knew it was the hurricane. we knew it would be weak. you know. it was supposed to be adjusted in the expectations. numbers came in way below expectations. some of the stocks got hammered, macy's, kohl's. we are trying to make sense of what that means. we when you go through each retailer in the numbers, really the first half -- businesses really slowed. first two weeks. anything we think of, not the hurricane itself. must have been the concern, you know, about the hurricane and people watching tv. people focused on that. also, you know, with the election people focused on that. you know. so the first two weeks are weak. last two weeks seem to come back and be fairly decent. >> so you think that for the holiday shopping season, that the -- better trend will continue? where d
and a lot of companies were saying it was just superstorm sandy. it shut down the stores in some cases or kept consumers at bay. how do you think we will fare to the holidays? >> yesterday was big day for retail. those that roar yesterday, genuinely speaking had poor numbers. we knew it was the hurricane. we knew it would be weak. you know. it was supposed to be adjusted in the expectations. numbers came in way below expectations. some of the stocks got hammered, macy's, kohl's. we are...
289
289
Nov 7, 2012
11/12
by
CNBC
tv
eye 289
favorite 0
quote 0
that was before sandy. >> we don't need to build high-speed rail. >> i understand. >> really? we don't need to have solar energy next year powering all our cars. >> wait a second. i think there's a clean energy agenda over the longer term. but near term, if we're going -- >> it's not about jobs. >> i was with peter, we were in tokyo for the world bank meetings. peter has this great story. and it is about spending now and taking care -- >> this is the larry summers idea. >> jim liked it, too. >> it's not going to happen. >> it's not going to happen. you guys are really bumming me out. >> it's just not. >> i've even let you build a few things. >> the president only won this thing a few hours ago. >> we're going to have net fiscal contraction starting in 2013. that is where we are. >> net fiscal contraction. >> you're with bush in four years? i don't know. let me think about that. >> i'm a bush republican. as long as there's a bush republican running. >> i already threw christie out there. require want to get on the record, on the table, that i disagree with the idea that there c
that was before sandy. >> we don't need to build high-speed rail. >> i understand. >> really? we don't need to have solar energy next year powering all our cars. >> wait a second. i think there's a clean energy agenda over the longer term. but near term, if we're going -- >> it's not about jobs. >> i was with peter, we were in tokyo for the world bank meetings. peter has this great story. and it is about spending now and taking care -- >> this is the...
207
207
Nov 19, 2012
11/12
by
CNBC
tv
eye 207
favorite 0
quote 0
distunks of the highest average price $4.18 a gallon, in large part because of the impact of superstorm sandy and if you could get gas there you'd be willing to pay much nor it. >>> the fifth and final "twilight" movie had $141 million in north american ticket sales its debut weekend wasn't the biggest in the series but it was the eighth largest domestic opening on record. joe? >>> we are talking this morning about what washington can do to avoid going over the fiscal cliff, and we're joined once again by our guest host jeremy siegel, finance professor at the wharton school in pennsylvania and jeremy, you're not a new normal guy. you think 3% to 4% is, we deserve that? don't you into ed to earn that somehow? you need to earn success. you think it just happens in this country? >> we grew in the '90s 3% to 4% and most of the post-war period. 3% to 4% from this high unemployment would be disappointing. normally we'd bounce back from recessions growing 5% to 6%. >> it doesn't matter who is in the white house or what policies they're pursuing. >> i think it matters but i don't think it's the overw
distunks of the highest average price $4.18 a gallon, in large part because of the impact of superstorm sandy and if you could get gas there you'd be willing to pay much nor it. >>> the fifth and final "twilight" movie had $141 million in north american ticket sales its debut weekend wasn't the biggest in the series but it was the eighth largest domestic opening on record. joe? >>> we are talking this morning about what washington can do to avoid going over the...